Stellar (XLMUSD) continued declining in its latest intraday trading under the dominance of the main short-term descending trend, with the price moving alongside a secondary trendline that supports this bearish structure. The cryptocurrency also remains pressured by trading below its 50-day SMA, which limits its near-term recovery prospects. In addition, negative signals persist on the RSI indicators despite their presence in extremely oversold levels, indicating strong bearish momentum surrounding the price.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below 0.2400, targeting the pivotal support level of 0.2200.

Today’s price forecast: Bearish

Palantir Technologies Inc. (PLTR) rose in its latest intraday trading, as the stock attempts to recover part of its previous losses and relieve its oversold saturation on the RSI indicators, especially with the arrival of positive signals. However, the stock remains affected by having previously broken a short-term ascending trendline, alongside continuous negative pressure from trading below its previous 50-day SMA, which limits its near-term recovery prospects.

Therefore we expect the stock to decline in its upcoming trading, as long as it remains below the resistance level of $177.30, targeting the pivotal support level of $147.55.

Today’s price forecast: Bearish

MicroStrategy (MSTR) recorded cautious gains in its latest intraday trading, as the stock attempts to recover part of its previous losses and relieve its oversold saturation on the RSI indicators, especially with the arrival of positive signals. However, continued negative pressure persists from trading below its previous 50-day SMA, which reinforces the dominance and stability of the main short-term descending trend.

Therefore we expect the stock to decline in its upcoming trading, as long as it remains below the resistance level of $231.90, targeting the support level of $152.35.

Today’s price forecast: Bearish

Merck & Company, Inc. (MRK) declined slightly in its latest intraday trading after the current resistance level at $105.00 held, prompting the stock to take profits from its previous gains while attempting to acquire positive momentum that may help it break through this resistance in the future. At the same time, the stock is trying to relieve part of its clear overbought saturation on the RSI indicators, especially with the beginning of negative signal inflows, all under the dominance of a short-term corrective upward trend.

Therefore we expect the stock to rise in its upcoming trading, especially if it breaks the mentioned resistance at $105.00, targeting thereafter the next resistance at $111.60.

Today’s price forecast: Bullish